Fenner & Esler isn’t just a top rated architect and engineers insurance company. We also supply design professionals with the finest options in terms of employment practice liability insurance for architects. In addition to supplying their own services as design professionals, it’s common for architects and architects to use assistants and other staff members to whom they could delegate design-related or administrative jobs. In any innovative firm, working relationships are often close ones, resulting in a blurring of the lines between employer and worker, which in turn may lead to issues in terms of legal obligations associated with the employer status. Employment practice insurance for architects is important for design professionals that wish to make sure their company runs smoothly in the long term.
EPLI for architects from a respected independent architect and engineers insurance company like such as Fenner & Esler is important because even in the most closely-knit design firms, employment issues may arise. Creating an exhaustive set of human resources practices and procedures can go quite a distance towards shielding you from employment liability issues; nevertheless, such steps are insufficient in the face of actual litigation. Even lawsuit that’s frivolous may be devastatingly expensive to defend. employment practice liability insurance for architects can offer a fiscal firewall in the event of worker allegations of discrimination, harassment, wrongful termination or disciplinary actions, or other workplace-related problems. employment practice liability insurance for architects can cover the total charges of defending a case, and pay for a settlement should the situation need it.
Architect Insurance Company
When a company applies for EPLI for architects, the insurance provider is going to usually ask to obtain a copy of the firm’s manual on HR procedure and policy. Independent architects and architects insurance companies that specialize in employment practice liability insurance for architects is going to be in a place to review these documents and make certain that they are fit for purpose. A broker can also tailor the program to ensure the client’s application suits their business needs, while also seeking for the best possible premium. Moreover, the insurance broker additionally functions as a partner in risk management by providing guidance when problematic situations with employees arise.
Architects Insurance Companies
Our policies for architect & engineers insurance coverage work on a claims-made basis; for this reason, it is critical that coverage is kept always, otherwise the company might not be insured. It is possible to locate insurance that may cover events in the past, but the rates on such policies are going to be more costly. Someone new to the process can easily find themselves overwhelmed by the wealth of choices which are available. This is the reason we are here to assist as an architect & engineers insurance company well versed to the ins and outs of working in the business.
Architects & Engineers Insurance
Fenner & Esler architects and engineers insurance coverage specialists are experts in the area and will find an insurance answer with an A rated carrier that is personalized only for you in Massachusetts, ensuring that the stability of your business is constantly assured.
Since 1923, Fenner & Esler has been serving the requirements of design professionals in need of architects & engineers insurance coverage by providing a variety of effective options. We are an independent brokerage. This means that unlike larger engineers and architects we can customize a plan which will suit your exact needs. Contact the experts today at Fenner & Esler and find out exactly what we can do for you.